Another whirlwind week for cryptocurrencies is coming to an end, and of course there is no shortage of poignant stories and new, engaging narratives in the world of innovative digital currencies. This week, Elon Musk offered investment advice, SEC Chairman Gary Gensler came under fire from SEC Commissioner Hester Peirce, and Joe Rogan called bitcoin a viable currency, noting that it had the government “spooked.” Buckle up and look snappy, here’s the Bitcoin.com News Week recap.

Rogan Says Bitcoin Is 'Frightening' Governments, And Latest Inflation Concerns — Bitcoin.com News Week in Review

Joe Rogan: Bitcoin is now a viable currency, and governments are freaking out

Well-known podcaster Joe Rogan, host of The Joe Rogan Experience, talked about bitcoin in a show released on Tuesday. The show features an interview with UFC heavyweight Khalil Rountree Jr.

He noted that Bitcoin is now “a viable form of money” and that “you can actually buy things with it,” he said. “The government is freaking out.”

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Rogan Says Bitcoin Is 'Frightening' Governments, And Latest Inflation Concerns — Bitcoin.com News Week in Review

Lawmaker, SEC Commissioner Slam Chairman Gensler Focuses on Crypto Enforcement

Several U.S. lawmakers and a commissioner at the U.S. Securities and Exchange Commission (SEC) have expressed concerns about the securities regulator expanding its crypto enforcement arm.

“The SEC is a regulator with an enforcement arm, not an enforcement agency.”

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Rogan Says Bitcoin Is 'Frightening' Governments, And Latest Inflation Concerns — Bitcoin.com News Week in Review

Tesla CEO Elon Musk Offers Investment Advice He Says ‘Will Work For You For The Long Term’

Tesla and Spacex CEO Elon Musk shared his recommended investment strategy, which he believes “will serve you well in the long run.”

It has been pointed out that Musk’s strategy is similar to that employed by Berkshire Hathaway CEO Warren Buffett.

See also  SEC Commissioner Expected to Tighten Stablecoin Regulations - Yellen Says Stablecoins Don't Pose Real Threat to Financial Stability - Regulate Bitcoin News

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Rogan Says Bitcoin Is 'Frightening' Governments, And Latest Inflation Concerns — Bitcoin.com News Week in Review

Fed Chair Powell says Fed will raise rates by half a percentage point

The Federal Reserve raised its benchmark interest rate on Wednesday, the largest hike in two decades.

“Inflation is too high,” Fed Chairman Jerome Powell said after the Fed raised rates by 0.5 percent.

tags in this story

bitcoin, economic freedom, Elon Musk, Gary Gensler, government, Hester Pierce, inflation, investing, Joe Rogan, SEC, Week in Review

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What are your thoughts on the top stories of the week? Let us know in the comments section below.

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